Brick Duplex with Basement Third-Unit
For Sale
$449,999
7254 S Lafayette Avenue, Chicago, IL 60621
Residential Income, Chicago, IL
Property SizeContact for details
Days on Market183
Property Features for 7254 S Lafayette Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Basement, Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 5, Bedroom 1, Bathroom 2
Parking
2
Parking features
Garage
Basement
Unfinished, Full
Elementary school district
299
Middle school district
299
High school district
299
Directions
East or West on 71st Street to Lafayette south to address
Subdivision
CHI - Greater Grand Crossing
Standard status
Active
APN
20282140500000
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
4420
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1907
Building materials
Brick
Listing Agency:
Pearson Realty Group
(773) 325-2800
Listed By:
Eduardo Padro · License #475141511
(773) 325-2800
Added: Feb 19
Changed: Aug 20
Last Checked: Aug 21 at 4:06PM
MLS# 12573007
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Brick two-unit duplex with open-concept living, dining, and kitchen layouts on both floors. The first-floor unit features two bedrooms and one bathroom. The second-floor unit features three bedrooms and one bathroom.
A basement third-unit potential is noted, with separate front and rear entrances and adequate height to support independent use. The property includes forced air heating and natural gas service, and offers garage parking.
The address is positioned close to a CTA train station and directly across from the Dan Ryan Expressway (I-94/90). A large retail shopping center and malls are noted between 83rd and 87th streets.
A basement third-unit potential is noted, with separate front and rear entrances and adequate height to support independent use. The property includes forced air heating and natural gas service, and offers garage parking.
The address is positioned close to a CTA train station and directly across from the Dan Ryan Expressway (I-94/90). A large retail shopping center and malls are noted between 83rd and 87th streets.
Key Highlights
- Basement third‑unit potential with separate front and rear entrances and adequate height
- First‑floor unit: two bedrooms and one bathroom with open‑concept living/dining/kitchen
- Second‑floor unit: three bedrooms and one bathroom with open‑concept living/dining/kitchen
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
915
Businesses Nearby
Explore this area
Business Placement
Demographics for 60621, IL
29,570
Population
15,348
Households
1.9
Avg Household Size
36
Median Age
12%
College-Educated
78%
High-School Grad
3.8 sq mi
ZIP Area
7,782
Density / Sq Mi
$33,235
Median Household Income
$29,961
Median Earnings
$1,017
Median Rent
$161,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Brick two-unit duplex with forced-air natural gas heat, including open-concept first and second-floor layouts.
Where is this duplex located?
The property is located at 7254 S Lafayette Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $449,999.
What are key features of this property?
This property features: Basement third‑unit potential with separate front and rear entrances and adequate height; First‑floor unit: two bedrooms and one bathroom with open‑concept living/dining/kitchen; Second‑floor unit: three bedrooms and one bathroom with open‑concept living/dining/kitchen
